Herbalife Ltd. (NYSE:HLF) has become subject to a US Federal Trade Commission investigation over its marketing practices. Activist investor Bill Ackman, who has relentlessly accused the company of being a pyramid scheme, must be gleaming with joy. Herbalife Ltd. (NYSE:HLF) stock opened at $59.94 in last session, and closed at $57.31, while the day range of Herbalife Ltd. (NYSE:HLF) stock is $57.05 – $60.15. The stock showed a positive weekly performance of -13.06%.
Wells Fargo downgraded PVH Corp (NYSE:PVH) from Outperform to Market Perform with a price target of $128-$132 (from $150-$155). PVH Corp (NYSE:PVH) stock opened at $118.95 in last session, and closed at $115.04 by losing -5.74%. The 52 week range of $102.72 – $138.94. Company’s market capitalization is $9.38 billion.
Shares of Nu Skin Enterprises (NYSE:NUS) were the recipient of unusually large options trading on Wednesday. Stock investors purchased 12,109 call options on the company, Analyst Ratings News reports. This is an increase of 294% compared to the typical volume of 3,075 call options. Nu Skin Enterprises, Inc. (NYSE:NUS) stock decreased -6.07% and finished the last session at $73.16. The EPS of the stock remained 5.91. Company’s market capitalization is $4.30 billion.
Verso Paper Corp. (NYSE:VRS) was up by 23.7 percent during trading on 12th March after the company filed an SEC update on its quarterly numbers for the fiscal year 2013. Verso Paper Corp. (NYSE:VRS) stock opened the session at $2.52, and closed the session at $2.35. The 52 week range of the Verso Paper Corp. (NYSE:VRS) stock remained $0.52 – $5.55 and the day range was $2.30 – $2.54.
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